IKIO2024-01-012024-03-31 IKIO2024-01-012024-03-31 IKIO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member IKIO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member IKIO2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543923 IKIO NOTLISTED Ikio Lighting Limited Equity 2023-04-01 2024-03-31 2024-05-24 2024-05-14 INR Millions Yearly 14:30:00 21:00:00 2024-05-24 2024-05-24 true Cash Flow Indirect Declaration of unmodified opinion Single segment Manufacturing of LED Lighting 2024-01-01 2024-03-31 Audited Standalone 525110000.00 53180000.00 578290000.00 398210000.00 0.00 1650000.00 61300000.00 11330000.00 8760000.00 33110000.00 514360000.00 63930000.00 0.00 63930000.00 19750000.00 -870000.00 18880000.00 0.00 45050000.00 0.00 0.00 0.00 0.00 45050000.00 520000.00 45570000.00 0.00 0.00 772810000.00 10 0.60 0.60 0.00 0.00 0.60 0.60 Notes to standalone financial results 1 The standalone audited financial results of the Company for the quarter and year ended March 31, 2024 have been reviewed by the Audit Committee and were subsequently approved by Board of Directors (’the Board’) at its meeting held on May 24, 2024. These standalone financial results have been audited by the Statutory Auditors of the Company. 2 The figures for the quarter ended March 2024 represent the balancing figures between the audited figures for full financial year and published reviewed year to date figures upto third quarter of the respective financial year. The audited financial results include the results for the quarter ended March 31, 2023, being the balancing figure between audited figures in respect of the full financial year and the unaudited year to date figures upto third quarter of the respective financial year, which is management certified number. 3 Amalgamation of Fine Technologies (India) Private Limited with Royalux Lighting Private Limited , which was approved by the Regional Director (NR) vide its order dated March 18, 2024 which came into effect from April 01, 2023: 4 The company has received an amount of Rs. 3,257.50 million (excluding issue related expenses) from proceeds out of fresh issue of equity shares. The utilisation of net IPO proceeds is summarised below: Objects of the issue as per Prospectus Amount to be Utilisation as per Prospectus Utilised upto March 31, 2024 Balance Amount as at March 31, 2024 Debt repayment 500.00 500.00 - Funding capital expenditure requirements for the purchase of equipments / machineries of our manufacturing facilities 2,123.12 579.93 1,543.19 General corporate purposes 634.38 443.27 191.11 Total 3,257.50 1,523.20 1,734.30 Net IPO proceeds that were unutilized as of March 31, 2024, were temporarily invested in deposits with scheduled commercial banks. 5 The Board of Directors has recommended a dividend of 10% i.e. Rs. 1/- per share , on the Equity Share Capital of Rs. 10 /- each for the financial year ended March 31, 2024, subject to the approval of shareholders in the ensuring Annual General Meeting. 6 The Company's primary business segment is reflected based on principal business activities carried on by the Company. As per Indian Accounting Standard 108 as notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013, The Company deals in one business segment namely Manufacturing of LED Lighting . Single segment 2023-04-01 2024-03-31 Audited Standalone 2409760000.00 192420000.00 2602180000.00 1819900000.00 0.00 -45050000.00 243080000.00 58000000.00 29860000.00 104830000.00 2210620000.00 391560000.00 0.00 391560000.00 105540000.00 -740000.00 104800000.00 0.00 286760000.00 0.00 0.00 0.00 0.00 286760000.00 440000.00 287200000.00 0.00 0.00 772810000.00 10 4026020000.00 3.83 3.83 0.00 0.00 3.83 3.83 Other expenses 33110000.00 Other expenses 104830000.00 170300000.00 0.00 0.00 0.00 4550000.00 0.00 0.00 0.00 1271800000.00 0.00 671300000.00 2470000.00 1945570000.00 7170000.00 24970000.00 2152560000.00 479380000.00 0.00 217010000.00 87510000.00 1757050000.00 69790000.00 108920000.00 2240280000.00 0.00 214270000.00 2933930000.00 0.00 0.00 5086490000.00 772810000.00 4026020000.00 4798830000.00 4798830000.00 1790000.00 1790000.00 5650000.00 7440000.00 100490000.00 134050000.00 28150000.00 262690000.00 16150000.00 1380000.00 0.00 0.00 280220000.00 0.00 0.00 287660000.00 5086490000.00 58000000.00 -35760000.00 -53910000.00 0.00 -70980000.00 0.00 0.00 -31060000.00 0.00 -47660000.00 0.00 -5750000.00 0.00 29860000.00 0.00 -5230000.00 0.00 6000000.00 0.00 210000.00 0.00 188970000.00 0.00 0.00 0.00 -260000.00 0.00 -740000.00 0.00 -346250000.00 45310000.00 0.00 0.00 0.00 116920000.00 1210000.00 -70400000.00 0.00 1141700000.00 0.00 0.00 0.00 0.00 0.00 0.00 9320000.00 37290000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 117440000.00 0.00 -2083850000.00 0.00 -3136080000.00 0.00 0.00 3500000000.00 0.00 0.00 0.00 0.00 0.00 0.00 146250000.00 0.00 2680000.00 0.00 57780000.00 0.00 0.00 3293290000.00 86810000.00 0.00 86810000.00 700000.00 87510000.00 700000.00 590000.00 180000.00 150000.00